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Full refund for buyers in delayed projects from 2017

Cracking down further on delayed real estate projects, the government has stated that from 2017, buyers will receive a full refund with 10.9% interest if they are not given possession of the property on time.

The Centre issued the 'Standard House Purchase Agreement' which builders will have to sign with all the clients.

The refund in delayed projects would be done within 45 days.

05 Nov 2016

Indian Hotels Company publicly reposes faith in Mistry

The directors said that their verdict was being announced publicly as IHCL is a listed entity and they wanted the company's investors to be aware of "their views so that they could take an informed decision on its stock."

Donald Trump could win the elections: Analysts

Analysts have predicted that Donald Trump stands a high chance of winning the 2016 US Presidential elections.

Ohio, Iowa and Arizona are swing states leaning toward trump; if Trump wins the toss-up states of Florida and North Carolina then he would need to secure just one more big electorate to secure 270 electoral votes required.

Trump starts with approximately 180 electoral-votes from red states.

Sports

India defeat China to lift Asian Champions Trophy

The Indian women's hockey team defeated China to win the 2016 Women's Asian Championship Trophy in Singapore.

India won 2-1; Deep Grace Ekka scored the first goal for India in the 13th minute to take 1-0 lead.

Deepika, who won the "Player of the Tournament" award scored the second goal with just 17 second remaining to win it for India.